crypto ponzi scheme

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Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam

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A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion Per El País, the class-action lawsuit claims that an individual … Read more

Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison

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A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund Manager Arrested for Running … Read more